Articles
<![CDATA[FACTORS AFFECTING DIVIDEND POLICY ON LQ45 INDEX COMPANIES ON THE INDONESIA STOCK EXCHANGE ]]>
<![CDATA[Ardelia, Janice]]>;
<![CDATA[Lukman, Hendro]]>
<![CDATA[ International Journal of Application on Economics and Business Vol. 1 No. 2 (2023): May 2023 ]]>
Publisher : <![CDATA[Graduate Program of Universitas Tarumanagara ]]>
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DOI: 10.24912/ijaeb.v1i2.24-35
<![CDATA[Dividends are one of the considerations in stock investment. The purpose of this study is to analyze the effect of “Board Size, Board Independence, “Management Ownership”, Institutional Ownership, and “Collateral Assets” on the “Dividend Policy”. This study uses 17 samples of public companies that are part of the LQ45 Index with 84 data observation during 2016-2020. The sampling method used purposive sampling technique. data analysis using multiple regression analysis where data is processed using IBM SPP Statistic Version 25.0 software. The results show that “Management Ownership” and “Collateral Assets” have a positive and significant effect on “Dividend Policy”. Meanwhile, “Board Size”, “Board Independence”, and “Institutional Ownership” have no significant effect on “Dividend Policy”. The implication of this research is that there is a need for Institutional Ownership representatives on the company's “Board of Directors” in order to influence the companies’ “Dividend Policy” and provide a good signal for investors.]]>
<![CDATA[MEASUREMENT OF ACCEPTANCE OF ONLINE ATTENDANCE SYSTEM WITH TECHNOLOGY ACCEPTANCE MODEL APPROACH: CASE IN DIRECTORATE GENERAL OF CHRISTIAN COMMUNITY, MINISTRY OF RELIGIOUS AFFAIRS OF THE REPUBLIC INDONESIA ]]>
<![CDATA[Susana, Rahel]]>;
<![CDATA[Lukman, Hendro]]>
<![CDATA[ International Journal of Application on Economics and Business Vol. 1 No. 2 (2023): May 2023 ]]>
Publisher : <![CDATA[Graduate Program of Universitas Tarumanagara ]]>
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DOI: 10.24912/ijaeb.v1i2.36-44
<![CDATA[The purpose of this study is to analyze the attitude of user acceptance of online attendance at DirectorateGeneral of Christian Community Ministry of Religious Affairs Republic of Republic of Indonesia (RI) withTechnology Acceptance Model (TAM) approach. TAM is a method for analyzing acceptance of informationsystems. The population of this study are employees who use the online presence system in their daily present.The sampling technique used is simple random sampling. Total sample used is 60 samples. The data wasprocessed using SmartPLS version 3.0 with the Structural Equation Modeling (SEM) analysis method. Theresults of the analysis of this study found that Perceived Ease of Use (PEU) had a significant effect on perceivedusefulness (PU), Perceived Ease of Use (PEU) had a significant influence on Attitudes Toward Using (ATU)and Perceived Usefulness (PU) had significant effect on Attitude Toward Using (ATU). The implication of thisresearch is that it is necessary to develop a more informative attendance system and add other features in orderto improve employee performance at Ministry of Religious Affairs RI.]]>
<![CDATA[THE ROLE OF OWNERSHIP CONCENTRATION AS MODERATION ON BIOLOGICAL ASSET INTENSITY, COMPANY SIZE, AND FIRM GROWTH ON BIOLOGICAL ASSET DISCLOSURE IN AGRICULTURAL INDUSTRY IN INDONESIA ]]>
<![CDATA[Rezensky, Rosalia]]>;
<![CDATA[Lukman, Hendro]]>
<![CDATA[ International Journal of Application on Economics and Business Vol. 1 No. 2 (2023): May 2023 ]]>
Publisher : <![CDATA[Graduate Program of Universitas Tarumanagara ]]>
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DOI: 10.24912/ijaeb.v1i2.45-56
<![CDATA[Disclosure in financial statements is now important for users. The purpose of this study is to empirically prove whether there is an influence between Biological Asset Intensity, Company Size, and Firm Growth on Biological Asset Disclosure. In addition, this study wants to see whether the Ownership Concentration moderates the relationship between those variables. The population of this study is agricultural companies listed on the Indonesia Stock Exchange (IDX) in the period 2018 to 2020. Purposive sampling was usedthe sampling technique and the total sample obtained was 51 samples. The data were processed using SPSS ver 26.0 with multiple regression analysis and Moderated Regression Analysis (MRA) methods. The results of the analysis of this study found that Biological Asset Intensity, Company Size, and Firm Growth did not have a significant effect on Biological Asset Disclosure. The results of the moderation analysis, Ownership Concentration proves to strengthen the relationship between Biological Asset Intensity and Company Size on Biological Asset Disclosure. However, Ownership Concentration has proven to weaken the relationship between Firm Growth and Biological Asset Disclosure.The implication of this research is the need to increase the role of centralized ownership in terms of financial statements in order to provide added value for investors.]]>
<![CDATA[THE ROLE OF MANAGERIAL OWNERSHIP AS MODERATION ON FACTORS AFFECTING DEBT POLICY IN COMPANIES WITH LARGE MARKET CAPITALIZATION IN INDONESIA ]]>
<![CDATA[Windy, Windy]]>;
<![CDATA[Lukman, Hendro]]>
<![CDATA[ International Journal of Application on Economics and Business Vol. 1 No. 2 (2023): May 2023 ]]>
Publisher : <![CDATA[Graduate Program of Universitas Tarumanagara ]]>
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DOI: 10.24912/ijaeb.v1i2.57-68
<![CDATA[the goal of this study was to gather empirical evidence of the effect of Profitability, Dividend Policy, and Collateral Assets on Debt Policy with Managerial Ownership as a moderating variable. This research relies on secondary data from the Indonesia Stock Exchange (IDX). The population used in this study are companies with large capitalization values that are included in the LQ45 index in the 2016-2020 period. Sampling in this study used purposive sampling method, and the data that met the criteria were 70 data which were processed using Statistical Package for the Social Sciences (SPSS) vers 25.0. Partially, Profitability and Collateral Assets have a significant impact on Debt Policy, while Dividend Policy has no significant effect on Debt Policy. Managerial Ownership unable to moderate the effect of Profitability, Dividend Policy and Collateral Assets on Debt Policy. The implication of this research is that companies with large capitalization of managerial ownership should play a greater role in determining debt policy by maintaining the level of profitability and collateral assets.]]>
<![CDATA[AN EMPIRICAL STUDY OF THE FACTORS THAT INFLUENCE FINANCIAL DISTRESS (A CASE ON MINING INDUSTRY IN INDONESIA) ]]>
<![CDATA[Daniella, Nicole]]>;
<![CDATA[Lukman, Hendro]]>
<![CDATA[ International Journal of Application on Economics and Business Vol. 1 No. 2 (2023): May 2023 ]]>
Publisher : <![CDATA[Graduate Program of Universitas Tarumanagara ]]>
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DOI: 10.24912/ijaeb.v1i2.207-215
<![CDATA[The purpose of this research is to empirically prove the role of profitability, financial leverage, and operating cash flow in predicting financial distress which can be useful for stakeholders and researchers in the future (creditors, government, and investors). This research uses quantitative research method and the data is taken from the issuer's financial statements on IDX by purposive sampling method. Multiple linear regression is used to analyze data in this research. The population used is mining industries listed on the Indonesia Stock Exchange for 7 years of observation, from 2014-2020. There are as many as 55 samples obtained in this research which are then analyzed using software Microsoft Excel and SPSS 26.0. This study shows that the profitability and operating cash flow variable have a positive effect on financial distress; variable financial leverage does not effect financial distress. Debt is a factor that can cause financial distress, so that the leverage ratio setting and debt policy must be a concern for the company, especially for mining companies that require working capital and investment in their operations.]]>
<![CDATA[THE DETERMINANTS OF STOCK PRICE VOLATILITY IN PLANTATION INDUSTRY IN INDONESIA DURING 2016-2020 ]]>
<![CDATA[Siawan, Resia Margareta]]>;
<![CDATA[Lukman, Hendro]]>
<![CDATA[ International Journal of Application on Economics and Business Vol. 1 No. 3 (2023): Agustus 2023 ]]>
Publisher : <![CDATA[Graduate Program of Universitas Tarumanagara ]]>
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DOI: 10.24912/ijaeb.v1i3.1371-1381
<![CDATA[Stock prices in the market can react quickly to information from the market. This information makes stock prices volatile. The purpose of this study is to analyze the effect of dividend policy, leverage, growth in assets, and auditor quality on stock price volatility in the plantation industry listed on the Indonesia Stock Exchange for the period 2016 to 2020. This study uses multiple linear analysis using SPSS, and data collection by purposive sampling. The data used in this study is 75 data from 15 companies. The results of this study show that dividend and leverage policies affect stock volatility, while asset growth and auditor quality have no effect on stock volatility. The implication of this research is that companies that want to maintain the volatility of their shares must regulate leverage and dividend policies which are positive signals for investors in investment decisions.]]>
<![CDATA[THE IMPACT OF TAX AVOIDANCE, PROFITABILITY, LEVERAGE, AND COMPANY SIZE ON EARNINGS MANAGEMENT ]]>
<![CDATA[Kusuma, Yasa Mulya]]>;
<![CDATA[Lukman, Hendro]]>
<![CDATA[ International Journal of Application on Economics and Business Vol. 1 No. 3 (2023): Agustus 2023 ]]>
Publisher : <![CDATA[Graduate Program of Universitas Tarumanagara ]]>
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DOI: 10.24912/ijaeb.v1i3.1382-1394
<![CDATA[Companies doing earnings management have different goals or can be caused by several factors. several factors that can cause management to carry out earnings management include profit, leverage, company size, tax avoidance and others. This study aims to obtain empirical evidence and analysis of the influence of these factors on earnings management in non-cyclical consumer goods companies listed on the Indonesia Stock Exchange for the 2015-2020 period. Sampling using purposive sampling method. The number of data samples studied were 173 data from 31 companies. The analysis of this research is multiple linear regression analysis. The results of this study indicate that tax avoidance has an effect on earnings management, while other variables, profitability, leverage, and firm size have no effect on earnings management. The implication of this research is that the government must continue to close loop-wholes in tax laws and regulations to minimize earnings management practices]]>
<![CDATA[FACTORS AFFECTING EARNINGS MANAGEMENT IN THE PLANTATION INDUSTRY IN INDONESIA DURING 2015-2019 ]]>
<![CDATA[Maginta, Irianto]]>;
<![CDATA[Lukman, Hendro]]>
<![CDATA[ International Journal of Application on Economics and Business Vol. 1 No. 4 (2023): November 2023 ]]>
Publisher : <![CDATA[Graduate Program of Universitas Tarumanagara ]]>
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DOI: 10.24912/ijaeb.v1i4.1961-1974
<![CDATA[The objective of this research is to obtain empirical evidence about the effect of profitability, leverage, firm size, and liquidity on earnings management on plantation companies listed on the Indonesia Stock Exchange (IDX) during the years of 2015-2019. This research uses secondary data. This research is conducted with a sample of 62 plantation company data with the technique used in this study is purposive sampling. The research data was processed using Statistical Product and Service Solution program for Windows version 26 (SPSS version 26). The results of this research show that the leverage and firm size have a positive and influence on earnings management practices, while profitability and liquidity have no effect on earnings management. The implication of this research is that companies must communicate intensively with shareholders so that this does not occur or can reduce information asymmetry in carrying out earnings management. By maintaining good communication with shareholders, and maintain profitability, proper leverage ratio and liquidity as well as optimizing assets to earn profit, it is believed that the financial report information issued by the company does not involve earnings management practices so that it becomes a positive signal for investors which can ultimately increase stock prices and company value.]]>
<![CDATA[DETERMINANTS OF CASH HOLDING OF NON-CYCLICALS SECTOR COMPANIES LISTED ON INDONESIA STOCK EXCHANGE ]]>
<![CDATA[Angelika, Shery]]>;
<![CDATA[Bangun, Nurainun]]>;
<![CDATA[Lukman, Hendro]]>
<![CDATA[ International Journal of Application on Economics and Business Vol. 1 No. 4 (2023): November 2023 ]]>
Publisher : <![CDATA[Graduate Program of Universitas Tarumanagara ]]>
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DOI: 10.24912/ijaeb.v1i4.2303-2314
<![CDATA[The Indonesian government’s response to COVID-19 involving social restrictions has led to a slowdown and limitations in economic activities. Cash holding can act as a safeguard and play a crucial part in companies, particularly in covering transaction activities and operational expenses. On the other hand, holding an excessive amount of cash also has disadvantages, as it can lead to missed profit opportunities since idle cash does not generate income. This study aims to analyze the impact of liquidity, net working capital, and growth opportunity on cash holding of consumer non-cyclicals companies listed on the Indonesia Stock Exchange (BEI) in 2020-2022. The data used in this study is secondary data collected from the company’s financial reports from the IDX website (www.idx.co.id). The sample selection in this study was carried out through purposive sampling, resulting in a total of 115 data included in the research sample. The data was proceeded and analyzed using Microsoft Excel 2019 and Eviews 13. This study uses the panel data analysis method with a random-effect model as the estimation model and multiple linear regression analysis. The research was continued by testing classical assumptions, F-test, T-test, and coefficient of determination test. The results show that liquidity and net working capital have a positive and significant effect on cash holding, while growth opportunity does not affect cash holding. Management of non-cyclical consumer companies must pay more attention to liquidity and net working capital to maintain cash holdings. The implications of this research show the importance of maintaining liquidity and working capital rather than paying attention to company growth opportunities, because growth will be easily achieved if you have adequate cash holdings.]]>
<![CDATA[THE INFLUENCE OF MOTIVATIONS ON STUDENTS' ATTITUDES CONTINUING ACCOUNTING STUDIES IN SOUTH SUMATRA PROVINCE ]]>
<![CDATA[Pratiwi, Arinta]]>;
<![CDATA[Lukman, Hendro]]>
<![CDATA[ International Journal of Application on Economics and Business Vol. 2 No. 1 (2024): February 2024 ]]>
Publisher : <![CDATA[Graduate Program of Universitas Tarumanagara ]]>
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DOI: 10.24912/ijaeb.v2i1.2949-2958
<![CDATA[The decline in student intention in choosing to study accounting in recent years shows a very massive decline both in the world and in Indonesia. The decline in choosing the accounting field can be seen both among those entering and enrolling in higher education. On the other hand, accounting personnel for the business world and government are always needed. The aim of the research is to empirically analyze the influence of income, social encouragement, and job opportunities on students' intention in continuing accounting studies. The research subjects were senior or vocational high school (SMA/K) students in South Sumatra Province with a sample size of 156 respondents. The sample collection method uses the convenience sampling method and the snowball sampling method. Distributing questionnaires digitally using Google Form. The research results show that income, social encouragement, and job opportunities have a positive and significant effect on students' intention in continuing their accounting studies. This research shows that the field of accounting for SMA/K students is a field that is still popular and has good prospects. The implication of this research is that SMA/K and higher education institutions must continue to provide insight to students regarding the future prospects of the accounting profession, and also always improve the curriculum to anticipate disruption to the accounting profession.]]>
